NOT LISTED FOR SALE

Estimated Value: $129,000 - $170,492

3 Beds
2 Baths
1,400-1,599 Sq Ft
$95/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $100,000 $63 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $867/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Wood Flooring
  • Patio
  • Combination Dining and Living Room

About This Home

As of March 2024

Investors only! Tenant Occupied Property that is professionally managed & being marketed to investors. Currently rented at $1195. Lease, ledger, repair history plus we have an ONLINE VIDEO AVAILABLE UPON REQUEST. Could be an excellent investment property for your rental portfolio. Seller is also selling 3574 Naylor (can buy both or buy individually). Nice floor plan & home has hardwood floors. Do Not Disturb tenants...investors only.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/19/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/19/2024

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $769

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x143
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,517 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Raines Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076047 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$769

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 767A
  • MAAR Subdivision Name: RAINES TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 65.92
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1517
  • Year Built: 1965
  • List Price/ Sq Ft: 69
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 113
  • Acreage: 0.26
  • Lot Size: 80X143
  • Price Per Acre: 403846

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 076047 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Mid South Homebuyers Gp and Mid South Home Buyers Llc
Bought by
Emerson Cole
Current Estimated Value
$151,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Outstanding Balance
$118,345
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$33,028

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 1, 2024
Sold by
Siberian Investment Group Llc
Bought by
Mid South Homebuyers Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.16%

Purchase Details

Closed on
Sep 1, 2019
Sold by
Lentz Cheryl
Bought by
The Siberian Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,920
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2019
Sold by
Ale Sky Holdings Llc
Bought by
Lentz Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,920
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2000
Sold by
Wheeler Lawrence and Wheeler Faith Flynn
Bought by
Ale Sky Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Emerson Cole $159,600 None Listed On Document
Mid South Homebuyers Llc $100,000 None Listed On Document
The Siberian Investment Group Llc -- None Available
Lentz Cheryl $89,900 Multiple
Ale Sky Holdings Llc $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Cole $119,700
Previous Owner Lentz Cheryl $72,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $100,000 -4.8% $71 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $105,000 -- $75 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $769 $46,825 $4,625 $42,200
2024 $769 $22,675 $3,350 $19,325
2023 $1,381 $22,675 $3,350 $19,325
2022 $1,381 $22,675 $3,350 $19,325
2021 $1,397 $22,675 $3,350 $19,325
2020 $1,341 $18,500 $3,350 $15,150
2019 $591 $18,500 $3,350 $15,150
2018 $591 $18,500 $3,350 $15,150
2017 $605 $18,500 $3,350 $15,150
2016 $768 $17,575 $0 $0
2014 $768 $17,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10166179

Memphis Area Association of REALTORS®

APN: 07-6047-0-0004